The cash infusion largely goes to cover Blinkits losses as it undertakes aggressive expansion and faces intense competition ...
Zomato’s arch-rival Swiggy infused Rs 1,000 crore in its supply chain unit Scootsy Logistics to boost its quick commerce arm ...
Even at 11 AM, the stock remained up by 3.1% against its previous close of INR 222.60. At this price, Zomato’s market ...
Zomato has pumped ₹4,300 crore into Blinkit so far since it took over the online grocery delivery company—previously ...
Like Zomato, Swiggy is also set to invest Rs 1000 crore for quick commerce expansion on top of earlier investment of Rs 1600 ...
Amid the intensifying competition in the quick commerce sector, foodtech major Zomato has infused INR 1,500 Cr in its quick ...
Zomato's shares could rise by 35% to Rs 310, according to Bernstein, due to its dominance in India's quick commerce space, ...
Quick commerce firms are likely to face hurdles such as a low total addressable market (TAM), tapering growth in monthly ...
After a period of relative lull, Zomato shares appear to be on the rise again. The company shares gained over 3 per cent in ...
India's quick-commerce sector, which grew substantially to a $7.1 billion market, faces challenges such as limited expansion ...
Despite the rise in competition in quick commerce segment, the 10-minute food delivery space provides an opportunity to ...